Issued a profit warning on russia while ge cites sluggish Energy Markets for lowering its guidance. Analysts suggest the 1. 2 billion price tag is too high. But the ceo telling cnbc the deal will create a true winner in the imaging therapy space. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Its another volatile trading session for the russian ruble with the russian currency strengthening sharply versus the u. S. Dollar after the countrys finance Ministry Said it has started to sell foreign currency stocks. The ruble has lost over 20 versus the greenback on the week. Now, the micex, meanwhile, has fallen into the red after opening initially in the green. The msvi has warned it could reclassify russia to stand alone Market Status if its excluded from the emerging market index. There could be further pain on the way for russia. The white house says president obama is expected to sign into legislation further sanctions over russia over the
Of data on the docket. Building up to fridays jobs report, today we have december auto sales. Tomorrow, its ism nonmanufacturing and factory orders. Wednesday we get the adp. And well have International Trade and minutes from the last fmoc meeting. And thursday the initial claims and the friday payroll report. How are traders viewing 2015 . So far with a slant to rise 8. 2 this year. The big drivers they are looking at economic expansion and earnings growth. Oil prices dominating the market this morning with wti and brent losing half their value since mid2014 with prices falling to 5 1 2year lows this morning. Among the headlines, iraqs oil exports were at the highest level since 1980 last month. Also, we can tell you the new congress meets this week and the incoming chairman of the Senate Commerce and Transportation Committee says a gas tax is on the table with them not rising since 1993. I dont, joe, drive, but i think 18. 4 cents per gallon for unleaded. I think its 24. 4 for diesel
Police officer in the street as he lay wounded. After calling out the names of wouldbe victims as they stalk them inside the Charlie Hebdo offices. President obama comdemned the terrorist attack, pledged americas help in tracking down the perpetrators. Our counterterrorism cooperation with france is excellent. We will provide them with every bit of assistance that we can going forward. I think its going to be important for us to make sure that we recognize these kinds of attacks can happen anywhere in the world. Lou the three suspects tonight are believed to be two french algerian brother,s ages 32 and 34 who may have recently from under fighting in syria and getaway driver is believed to be an 18yearold homeless student also a french origin. Fox News Senior Foreign Affairs correspondent greg palkot is in paris and has the latest for us greg . Reporter French Police confirm to fox news they have identified the three suspects in the brutal shooting here, they are it is reported said and
Kalashnikov rifles viciously murdering a French Police officer in the street as he lay wounded. After calling out the names of wouldbe victims as they stalk them inside the Charlie Hebdo offices. President obama comdemned the terrorist attack, pledged americas help in tracking down the perpetrators. Our counterterrorism cooperation with france is excellent. We will provide them with every bit of assistance that we can going forward. I think its going to be important for us to make sure that we recognize these kinds of attacks can happen anywhere in the world. Lou the three suspects tonight are believed to be two french algerian brother,s ages 32 and 34 who may have recently from under fighting in syria and getaway driver is believed to be an 18yearold homeless student also a french origin. Fox News Senior Foreign Affairs correspondent greg palkot is in paris and has the latest for us greg . Reporter French Police confirm to fox news they have identified the three suspects in the brutal
He cannot get enough. The jabbing, the poking. We are going to take you to scarlet fu. She is in the newsroom. The index is out. She is in the newsroom with the head lines. Scarlet an unexpected increase in the nonmanufacturing part of the industry. 57. 8, it tops all the estimates in the survey. The consensus was for an increase of 56. 2 or i should say, a drop to 56. 2. It is an indication of the weakness of manufacturing. Economists had expected this part of the economy would outperforM Manufacturing in a strong dollar environment. You can see the divergence between the ice on nonmanufacturing in orange is M Manufacturing in orange. It is mired a little bit in moderation, as opposed to the isam nonmanufacturing. Im going to pull up how stocks are doing right now. They were lower. They are continuing to extend their declines. They are not large declines by any stretch of the imagination. Cory thank you. Good stuff. Disney at it again. It posted quarterly profits that were 10 better t